Vernal in Uintah County, Utah — The American Mountains (Southwest)
Do Religion and Money Mix?
A Tale of Two Banks
Diagonally across the street is the First Security Bank building. When it first opened on August 10, 1910, it was called the Uintah State Bank. The local Mormon population did not like the loan policies of the Catholic-managed Bank of Vernal, which is directly behind you. After much discussion, their general dissatisfaction resulted in the establishment of a rival bank. Mormon S. R. Bennion became the President of the Uintah State Bank.
The Uintah State Bank prospered, despite depression and wars. Following are notes taken from their board meeting of January 1937: "Lambs were sold at from three cents to nine cents per pound and cattle sold as high as fourteen cents per pound during July and August. Feed was plentiful and cheap, hay selling for five dollars and seven dollars per ton and grain for one cent per pound."
Shortly after the bank opened, the Vogue Theater (right photo) was built. It was the community center for current news reels and a way for Vernal to see what was happening in world. A ticket cost twelve cents. Unbeknown to the building owners, the janitor operated an alcoholic still in the basement.
Topics. This historical marker is listed in these topic lists: Agriculture • Industry & Commerce.
Location. 40° 27.337′ Touch for map. Marker is at or near this postal address: 3 West Main Street, Vernal UT 84078, United States of America. Touch for directions.
Other nearby markers. At least 8 other markers are within 12 miles of this marker, measured as the crow flies. Parcel Post Bank (here, next to this marker); Cobble Rock Gas Station (within shouting distance of this marker); Where the Dollar has More Cents (within shouting distance of this marker); Vernal Post Office (about 400 feet away, measured in a direct line); Fort Ashley Center (about 400 feet away); Shipped Another 12,000 Hen Fruit by Parcel Post (about 400 feet away); Farm Exchange Building (approx. 0.2 miles away); Jensen (Mau-be) Ferry (approx. 11.8 miles away). Touch for a list and map of all markers in Vernal.
Also see . . .
1. Uintah State Bank.
Old photograph of Uintah State Bank and co-located US Post Office (Submitted on February 26, 2018, by Cosmos Mariner of Cape Canaveral, Florida.)
2. Bank of Vernal.
Old photograph of the Bank of Vernal (now Zions Bank) (Submitted on February 26, 2018, by Cosmos Mariner of Cape Canaveral, Florida.)
3. Uintah State Bank.
1930s Photograph of Uintah State Bank on northeast corner of Vernal Avenue and Main Street intersection. (Submitted on February 26, 2018, by Cosmos Mariner of Cape Canaveral, Florida.)
Credits. This page was last revised on February 27, 2018. It was originally submitted on February 26, 2018, by Cosmos Mariner of Cape Canaveral, Florida. This page has been viewed 96 times since then and 14 times this year. Photos: 1, 2, 3, 4, 5. submitted on February 26, 2018, by Cosmos Mariner of Cape Canaveral, Florida. • Andrew Ruppenstein was the editor who published this page.